Unbiased estimation in new Gini index extensions under gamma distributions
Abstract
In this paper, we propose two new flexible Gini indices (extended lower and
upper) defined via differences between the $i$-th observation, the smallest
order statistic, and the largest order statistic, for any $1 \leqslant i
\leqslant m$. For gamma-distributed data, we obtain exact expectations of the
estimators and establish their unbiasedness, generalizing prior works by
[Deltas, G. 2003. The small-sample bias of the gini coefficient: Results and
implications for empirical research. Review of Economics and Statistics
85:226-234] and [Baydil, B., de la Peña, V. H., Zou, H., and Yao, H. 2025.
Unbiased estimation of the gini coefficient. Statistics & Probability Letters
222:110376]. Finite-sample performance is assessed via simulation, and real
income data set is analyzed to illustrate the proposed measures.